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Valley National Bank VLY Lease right of use assets

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Other financials

Income statement

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Revenue$540.4M+13.0%
Net income$163.9M+54.6%
EPS (diluted)$0.28+55.6%

Balance sheet

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Cash & equivalents$1.2B-5.3%
Total debt$63.9M+8.2%
Total equity$7.8B+4.4%
Total assets$64.5B+4.2%

Cash flow

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Operating cash flow$209.6M+1,324%
CapEx$1.4M-54.1%
Free cash flow$208.2M+1,132%

Valuation

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Market cap$7.81B+36.9%
Enterprise value$6.71B+50.0%
P/E11.9×-2.7×
P/S3.7×+0.7×

Profitability

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Net margin31.4%+10.6pp
FCF margin26.5%

Returns & leverage

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Return on equity8.6%+3.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Valley National Bank in its filing.

Tagged under the XBRL concept vly:OperatingAndFinanceLeaseRightofUseAsset.

The official record: Valley National Bank’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Valley National Bank's lease right of use assets?
Valley National Bank (VLY) reported lease right of use assets of $306.27M in Q1 2026.
How has Valley National Bank's lease right of use assets changed year-over-year?
Valley National Bank's lease right of use assets decreased by 8.3% year-over-year, from $334.01M to $306.27M.
What is the long-term trend for Valley National Bank's lease right of use assets?
Over 5 years (2020 to 2025), Valley National Bank's lease right of use assets has grown at a 4.5% compound annual growth rate (CAGR), from $252.05M to $313.89M.
What does lease right of use assets mean?
The recognized asset value representing the bank's right to use leased property, such as office space or branches, over the lease term. This is recorded under accounting standards for lease obligations.